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20100915
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PBS
Sep 14, 2010 7:00pm PDT
>>> hello there. welcome to this edition of "newsline." glad you could join us. it's wednesday, september 15th. 11:00 a.m. in tokyo. i'm catherine kobayashi. >>> the yen continues to rise. the japanese government has finally stepped in. we have the details. >> thanks, catherine. good morning. >>> on the new york foreign exchange the japanese currency soared to the 82 yen level against the u.s. dollar on tuesday, following prime minister kan's victory in the democratic party presidential race. earlier on the tokyo foreign exchange, the dollar hit the 82-yen level for the first time in about 15 years. the move follows japan prime minister kan's reelection as head of the dpj on tuesday. he defeated ichiro 0 za with a. sources say that investors are also selling the dollar against other currencies on speculation the u.s. may take other easing measures. currently the dollar is changing hands at 84.09-10. earlier on the tokyo foreign exchange, the dollar hit the 82-yen level for the first time about 15 years and we had this story earlier. as the dollar weakens, gold prices in new yor
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